Funny, just for giggles I recently booted with my "FSB" at 250, cpu multiplier at 7, and my PC3200 memory (DDR 400, or 200mhz memory bus speed) manually turned to "pc2100", for a ratio far below "1/1" on the memory bus. I think that ratio is 2/3 so the memory was actually running at around pc2700 speeds.
This has been a very common practice for the last couple of years, where the memory bus speed has been able to be run asynchronously from the cpu bus speed enabling FSB and cpu overclocking without overclocking the memory.
Even the pci bus speed can be either locked at a specific speed, or set to a fixed multiplier of the FSB. Either way, the pci/agp bus is not necessarily overclocked when the FSB speed is increased.
Not only that, with athlon 64 motherboards you can set the HTT multiplier. In my case, I ran it at 4x, resulting in an HTT speed of 1 ghz, so even that was "within spec" even though the "FSB" was set to 250, not 200.
As a matter of fact, in this example every major component was slightly UNDERCLOCKED even though the FSB was increased by 25% over spec.
Heck in your example you prove my point. You've increased your FSB to 240, but you chose to not be a moron and changed your memory multiplier to run it at 200mhz. So increasing your FSB did NOT overclock your memory, as you so vehemently state would happen.
Stick that in your pipe and smoke it. If you don't smoke, I'm sure you can find another orifice to stick it in.